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Caesars bankruptcy heads to showdown with U.S. watchdog

CHICAGO, Nov 21 The U.S. government's bankruptcy watchdog objected on Monday to a Caesars Entertainment Corp subsidiary's proposal to exit Chapter 11, threatening to derail a largely consensual plan to slash $10 billion of debt.

Traders work on the floor of the New York Stock Exchange March 9, 2009.  REUTERS/Brendan McDermid

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